BUSI 3004 Week 2 Quiz: Spring Session
Course : BUSI 3004 Entrepreneurship for Small Business
Submitted : Spring Session
Contributed : Megan
- $25.00
- Question: Most entrepreneurs have difficulty with gathering market information and do not often know where to begin.
- Question: Only the pricing element in the business strategy of an international entrepreneur has the potential to be a "elected by the multiplicity of legal environments.
- Question: Since bills have to be paid at di"erent times of the year, cash flow projections should be presented monthly.
- Question: The business plan presentation for potential investors:
- Question: Global entrepreneurs must make sure that each element in the business plan has some degree of congruence with the local culture.
- Question: Which of the following interested parties should not have access to the venture's business plan?
- Question: For a global entrepreneur, technological environment variations are minimal since firms produce mostly standardized, relatively uniform products that can be sorted to meet industry standards.
- Question: The business plan addresses both short term and long term decision making.
- Question: Planning the new venture is a process that never ends.
- Question: The four Cs of credit are computers, capital, compromise, and collateral.
- Question: The depth and detail of a business plan depend on:
- Question: When evaluating business plans are primarily concerned with the four Cs of credit.
- Question: ….. international trade and investment been generally larger
- Question: Typically business plan projections are made in a 36-month schedule.
- Question: The organizational plan section of the business plan should describe the venture's form of ownership.
- Question: … Is the process of an entrepreneur conducting business activities a cross national borders.
- Question: International entrepreneurship is the process of an entrepreneur conducting business activities across national boundaries.
- Question: One of the biggest problems international entrepreneurs encounter is coping with technology.
- Question: What term describes the practice of paying for goods indirectly through another source?
- Question: Which of the following is not an important question an entrepreneur entering the international market should address?
- Question: The executive summary section of the business plan should be written first, before other sections are developed.
- Question: The executive summary section is only meant to high light key factors and motivate the person holding the plan to read it in its entirety.
- Question: Before beginning the business plan, the entrepreneur should define the venture's go al sand objectives. These goals should be .
- Question: The business plan is a private document and should not be read by employees and customers.
- Question: Transfer risk is the risk in attempting to shift assets or other funds out of the country.
